Pre-market update: Asian markets traded flat. European markets are trading 0.3% lower. US futures are trading 0.2% lower Economic reports due out (all times are eastern): MBA Purchase Applications (7), Existing Home Sales (10), EIA Petroleum Status (10:30), FOMC Minutes (2). Technical Outlook (SPX): A rather solid day yesterday until the final 30 minutes
Pre-market update: Asian markets traded flat. European markets are trading 0.3% lower. US futures are trading 0.2% lower Economic reports due out (all times are eastern): MBA Purchase Applications (7), Existing Home Sales (10), EIA Petroleum Status (10:30), FOMC Minutes (2). Technical Outlook (SPX): A rather solid day yesterday until the final 30 minutes
Pre-market update: Asian markets traded 1.8% lower. European markets are trading 1.2% lower.. US futures are trading 0.5% higher Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45), Chicago Fed National Activity Index (8:30), Redbook (8:55). Technical Outlook (SPX): Bottom line (but at the top of this post): We are prime
Pre-market update: Asian markets traded 1.8% lower. European markets are trading 1.2% lower.. US futures are trading 0.5% higher Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45), Chicago Fed National Activity Index (8:30), Redbook (8:55). Technical Outlook (SPX): Bottom line (but at the top of this post): We are prime
Pre-market update: Asian markets traded 1.8% lower. European markets are trading 1.2% lower.. US futures are trading 0.5% higher Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45), Chicago Fed National Activity Index (8:30), Redbook (8:55). Technical Outlook (SPX): Bottom line (but at the top of this post): We are prime
Pre-market update: Asian markets traded 0.2% lower. European markets are trading 0.5% lower.. US futures are trading 0.1% lower. Economic reports due out (all times are eastern): None Technical Outlook (SPX): SPX finished its second straight day out side of the lower Bollinger band. The 50-day moving average, which has been a strong support/resistance
What a lathargic market, however, by no means does the lukewarm and sterile market conditions we are seeing today favor the bears one bit. Instead, it tells me that the bulls are extending their weekend a little longer. Below are three setups that speak for themselves. In the SharePlanner Splash Zone, we just got
What a lathargic market, however, by no means does the lukewarm and sterile market conditions we are seeing today favor the bears one bit. Instead, it tells me that the bulls are extending their weekend a little longer. Below are three setups that speak for themselves. In the SharePlanner Splash Zone, we just got
It was not an easy month for me. I had a bad start, and at some point I was down -$3,700.00. Like any good trader, I decided to go back in all my trades and look ate what I was doing wrong, and figure out what needed to be done to bring myself from this
It’s not very often that I focus in on the ETF’s as a trade but the action we are seeing in the Q’s (QQQ) is undeniably attractive to the eye.  You have a textbook head and shoulders pattern followed by a break down and then rise that takes price right back into resistance. If